Maistas Restaurants Private Limited
About Maistas Restaurants Private Limited
Data last updated:
Maistas Restaurants Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hospitality and resort management segment of the tourism and accommodation sector. It was incorporated on 12 May 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55100KA2009PTC049824. Its GSTIN is 29AACCH4911J1ZI (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Hardev Agrochem Private Limited and Stillwater Restaurants Private Limited. It was led by directors Sarita Agarwal and Shankar Lal Agarwal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No. 192 4th Main Road Chamarajpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.42 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹95,834 (net margin 39.5%) and EBITDA of ₹1.56 Lakh (EBITDA margin 64.5%).
Company details
Name history
Maistas Restaurants has undergone 4 name changes throughout its history. The current legal name is Maistas Restaurants Private Limited.
| Company Name | Status |
|---|---|
| Maistas Restaurants Private Limited | Current |
| Hardev Agrochem Private Limited | Previous |
| Stillwater Restaurants Private Limited | Previous |
| Chakula Restaurants Private Limited | Previous |
| Baithak Private Limited | Previous |
CIN history
Maistas Restaurants has one previous CIN (Corporate Identification Number): U24211KA2009PTC049824. The current CIN is U55100KA2009PTC049824, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55100KA2009PTC049824 | Current |
| U24211KA2009PTC049824 | Previous |
Contact details
Maistas Restaurants Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 192 4th Main Road Chamarajpet, Bangalore, Karnataka, India – 560018
- IndustryTourism And Accommodation, Camping Sites & Resorts, Hotels
To see the full contact details of Maistas Restaurants Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Maistas Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
Financials of Maistas Restaurants Private Limited
FY 2021 filings availableMaistas Restaurants Private Limited reported revenue of ₹2.42 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year. EBITDA rose 145% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95,834 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.5% | ||||
| Net Profit Margin | 39.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Maistas Restaurants Private Limited, buy the company report.
Board of directors of Maistas Restaurants Private Limited
Maistas Restaurants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarita Agarwal Also directs: Atc Crop Care Private Limited, Genetic Pure Seeds Private Limited | Director | 12 May 2009 | 17 Years 6 Months | As last reported |
| Shankar Lal Agarwal Also directs: Atc Crop Care Private Limited, Genetic Pure Seeds Private Limited | Director | 12 May 2009 | 17 Years 6 Months | As last reported |
Peer comparison
Maistas Restaurants Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rucira Restaurants Private Limited | ₹2.45 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Maistas Restaurants Private Limitedthis company | ₹2.42 Lakh (FY 2021) | ₹95,834 | 39.5% | -88.0% | Bangalore, Karnataka, India | |
| B & B Bake Private Limited | ₹2.41 Lakh (FY 2022) | 0.0% | Ludhiana, Punjab, India | |||
| Avms Food and Restaurants Private Limited | ₹2.41 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| Wooden Bench Holidays and Hospitality Private Limited | ₹2.38 Lakh (FY 2024) | -45.0% | Kolkata, West Bengal, India | |||
| Ofo Food Private Limited | ₹2.36 Lakh (FY 2022) | Bhubaneswar, Odisha, India |
To see the full peer comparison of Maistas Restaurants Private Limited, buy the company report.
Auditor
Maistas Restaurants Private Limited is audited by SHARMA & PAGARIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA & PAGARIA | FY 2017 | 008217S |
Shareholding
The shareholding of Maistas Restaurants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maistas Restaurants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maistas Restaurants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maistas Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maistas Restaurants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH4911J1ZI | Karnataka | Active | 01 Mar 2018 |
To see the full GST registrations and return filing status of Maistas Restaurants Private Limited, buy the company report.
Recent activity
Maistas Restaurants Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Sarita Agarwal was appointed as Director on 12 May 2009.
Frequently asked questions
Maistas Restaurants has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Maistas Restaurants was a private limited company based in Bangalore, Karnataka, India. The company worked in camping sites and resorts, within the tourism and accommodation industry. It was incorporated on 12 May 2009 and is registered under CIN U55100KA2009PTC049824. The company has been struck off by the Registrar of Companies and is no longer operational.
Maistas Restaurants had 2 directors:
- Sarita Agarwal - Director
- Shankar Lal Agarwal - Director
The CIN (Corporate Identification Number) of Maistas Restaurants is U55100KA2009PTC049824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Maistas Restaurants is at No. 192 4th Main Road Chamarajpet, Bangalore, Karnataka, India – 560018.
Maistas Restaurants was incorporated on 12 May 2009. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Maistas Restaurants on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Maistas Restaurants is 29AACCH4911J1ZI, registered in Karnataka.
Maistas Restaurants operated in the tourism and accommodation industry, in the camping sites and resorts segment. It worked in this industry before it was struck off.
The peers of Maistas Restaurants by revenue are Rucira Restaurants Private Limited, B & B Bake Private Limited, Avms Food and Restaurants Private Limited, Wooden Bench Holidays and Hospitality Private Limited, Ofo Food Private Limited, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Sarita Agarwal was appointed as Director on 12 May 2009. Shankar Lal Agarwal was appointed as Director on 12 May 2009.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
